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NIGERIA: AccessBank Supports Health Sector With 1Billion Naira Credit Facility

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AccessBank New Supports Health sector with 1bn naira credit facility

Access Bank Plc has supported the health practitioners in the Small and Medium Enterprises sector of the economy with a facility of over NGN1 billion.

According to reports, the credit facility by the bank will help boost this sector of the economy as well as improve the nation’s economy.

While disclosing this development, Access Bank‘s Executive Director in charge of Retail Banking, Mr Victor Etuokwu, said the bank is committed to advancing its role towards supporting the economy. According to him,

As a bank, we have a role to support the economy anyhow we can and how we do that is by empowering our customers,”.

“We empower our customers by helping them to access finance; we also help them in capacity development by training them to do their businesses better. We also teach them about basic banking services,”.

“We have brought our partners to talk about how they can effectively run their businesses well and manage their finances better,”.

“We have a huge portfolio where we lend to businesses. Access Bank has the highest loan book in the industry at over N3tn. As you know, with our merger with Diamond Bank, we are going to lend more to SMEs and I can say that as it is, we are the bank for SMEs.”

At the event which was organised by the bank in partnership with Medical Credit Fund, the Business Development Director, Medical Credit Fund, Mr Fisayo Ogunsanya, pointed out that the health sector, with the right investment such as the facility by the bank, has the capacity to significantly develop the country’s economy and enhance the nation’s Gross Domestic Product.

Mr Ogunsanya, further implored entrepreneurs in the sector to take advantage of the opportunities in the external environment, while investing in technology solutions that will enhance the sector and better drive their businesses.

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